Neeta has a loan of RS 1200 to repay . Her father gave RS 2500. Describe Neeta's financial position.
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Neeta takes a loan of Rs.1200 as total for repayment. Her father gave her Rs. 2500. From the above information, we can clearly say Neeta's financial position is somewhat weak because her actual amount is Rs. 1200 which she has to repay but her father is providing her more amount for further problems, if occurred after repayment.
Her father provided her Rs.(2500-1200) or Rs. 1300 extra.
As a result, her father is in a good position whereas from the above details Neeta is not financially strong.
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